Meeder Advisory Services Inc. Buys Shares of 45,532 Uber Technologies, Inc. $UBER

Meeder Advisory Services Inc. bought a new stake in shares of Uber Technologies, Inc. (NYSE:UBER) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 45,532 shares of the ride-sharing company’s stock, valued at approximately $3,286,000.

Other hedge funds have also made changes to their positions in the company. Osbon Capital Management LLC acquired a new stake in Uber Technologies in the fourth quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new position in Uber Technologies during the 4th quarter worth $25,000. Portus Wealth Advisors LLC bought a new stake in shares of Uber Technologies in the 1st quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Uber Technologies in the 3rd quarter worth about $25,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of Uber Technologies in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Analyst Upgrades and Downgrades

UBER has been the topic of several research analyst reports. Royal Bank Of Canada assumed coverage on shares of Uber Technologies in a research report on Monday, May 11th. They set an “outperform” rating on the stock. Jefferies Financial Group upped their price objective on Uber Technologies from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $109.00 target price on shares of Uber Technologies in a report on Thursday, August 6th. Fox Advisors upgraded Uber Technologies from a “hold” rating to an “outperform” rating in a research report on Monday, May 11th. Finally, Bank of America lowered their price target on Uber Technologies from $104.00 to $103.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Uber Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $104.25.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $77.93 on Thursday. The company has a market cap of $159.18 billion, a PE ratio of 17.13, a P/E/G ratio of 6.01 and a beta of 1.13. Uber Technologies, Inc. has a fifty-two week low of $65.41 and a fifty-two week high of $101.99. The firm has a 50-day simple moving average of $72.68 and a 200 day simple moving average of $73.32. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.38.

Uber Technologies (NYSE:UBER) last issued its earnings results on Wednesday, August 5th. The ride-sharing company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Uber Technologies had a net margin of 17.34% and a return on equity of 43.36%. The firm had revenue of $14.19 billion for the quarter, compared to analysts’ expectations of $14.24 billion. During the same quarter last year, the company posted $0.60 earnings per share. Uber Technologies’s revenue was up 12.2% on a year-over-year basis. Uber Technologies has set its Q3 2026 guidance at 0.840-0.880 EPS. On average, sell-side analysts anticipate that Uber Technologies, Inc. will post 3.39 EPS for the current year.

Trending Headlines about Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: European robotaxi launch: Uber, Verne and Pony AI launched autonomous rides in Zagreb, Croatia—the first European city where customers can book a self-driving vehicle through Uber’s app. The service initially covers parts of the city with a licensed operator onboard, and availability is expected to expand. The milestone supports Uber’s strategy of acting as a demand and booking platform for third-party autonomous fleets. Uber launches autonomous rides in Zagreb, its first in Europe
• Positive Sentiment: Drone-delivery growth opportunity: Uber’s partnership with Zipline, including a strategic investment, is expected to bring autonomous drone delivery to Uber Eats customers across the United States. The companies are targeting one million daily deliveries by 2029, potentially improving delivery speed and expanding Uber’s addressable market. Uber and Zipline Partner on Drone Delivery
• Positive Sentiment: Relative investment appeal: Analysts said Uber’s recent earnings beat, bookings growth, business diversification and autonomous-vehicle partnerships give it an advantage over Lyft, despite Lyft’s lower valuation. Recent results showed adjusted EPS slightly above consensus and revenue growth of 12.2% year over year. UBER or LYFT: Which Player Is Better-Placed Post-Q2 Earnings Results?
• Neutral Sentiment: CEO Dara Khosrowshahi is scheduled to participate in a Goldman Sachs technology conference on September 10, which could provide further insight into Uber’s autonomous-vehicle and delivery strategy but is not an immediate fundamental catalyst. Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
• Negative Sentiment: Long-term competitive risk: Tesla’s planned Cybercab rollout could pressure ride-hailing prices and margins if vertically integrated autonomous fleets operate at substantially lower costs. Uber’s partnerships and delivery diversification may mitigate this risk, but the transition could still challenge its traditional asset-light economics. Tesla’s Cybercab Launch Could Reshape Margins for Uber and Lyft

About Uber Technologies

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.